Transportation

The Federal Aviation Administration is expected to undergo a major revamp of its airplane construction oversight this summer after questions were raised about how it manages inspections.

The Latest on Congressional hearings looking into the Federal Aviation Administration's oversight of Boeing (all times local): 9:45 a.m.

Boeing announced on Wednesday it has reprogrammed its software to prevent erroneous data from triggering its anti-stall system aboard its 737 Max jets.

Southwest Airlines says thousands of canceled flights, including 2,800 due to grounding its Boeing 737 Max 8 jets, are contributing to weaker bookings and $150 million less in first-quarter revenue than previously expected.

Lyft's IPO prices at $72, the high end of the expected range.

The St. Lawrence Seaway's 2019 navigation season has started with American and Canadian officials marking the binational waterway's 60th anniversary.

Shares of Southwest, the largest operator of the 737 Max 8 jets, fell on the revised forecast.

The U.S. Navy has awarded a $1.47 billion contract to a Mississippi shipyard to build a new amphibious warship, following through on a plan announced last year.

An Ethiopian official said a preliminary report on the plane crash that killed 157 on March 10 will be made public later this week.

The Federal Aviation Administration says a Southwest Airlines Boeing 737 Max jet made a safe emergency landing Tuesday in Orlando, Florida, after experiencing an apparent engine problem.

Muilenburg’s letter came one day after Ethiopian Airlines CEO Tewolde Gebremariam reiterated support for the embattled aviation firm.

The previous price target range was between $62 and $68.

Croatian police say they have detained 12 people suspected of multiple criminal actions in a shipbuilding company that has been struggling with losses.

Uber is paying Careem $1.4 billion in cash and $1.7 billion in notes that will convert at a price of $55 a share.

U.S. stocks edged lower in early trading Monday, extending losses from a broad sell-off last week, as new economic data stoked investors' worries over slowing global growth.

Businesses and residents expressed concern Monday about the environmental and economic fallout from a fire at a Houston-area petrochemical storage farm that sent huge plumes into the air for days and prompted the partial closure of one of the busiest commercial waterways in the U.S. Officials said it could be several more days before a section of the Houston Ship Channel reopens.